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Sep 20

TECHNICAL ANALYSIS BY NSFX 20.09.2013

By:admin

High:  Low: 

The pair printed new 2013 highs yesterday at 134.95 after taking out the 133.80-level, which was the former 2013 highs. This puts the pair back into levels not seen since November 2009. We could see a pull-back to the break-out level at 133.80 as short term technical oscillators would suggest some correction. This battle will be fought at the 134.20 level, which is nearest term support.

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